ep. 13


Michael Kao: Engineering A Soft Landing, Avoiding A Credit Crisis

On today's edition of "Boiler Room," Alfonso Peccatiello is joined by Michael Kao, retired hedge fund manager and private investor, for a discussion on the many obstacles facing the Fed.

Kao says "the genie is out the bottle" for inflation. As the Fed attempts to engineer a soft landing, will it be able to do so without causing a credit crisis? Historically, the Fed's track record of engineering a soft landing has been "pretty bad,” according to Kao. How will this cocktail of high inflation, recessionary pressures, elevated commodity prices, a strong dollar and increasing credit risk manifest itself? To find out, you'll have to tune in.


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Referenced In The Show: 

Fed Chair Powell Opening Statement to Banking Committee: https://www.c-span.org/video/?c5020856/fed-chair-powell-opening-statement-banking-committee 

Powell says the Fed is 'not trying to provoke' a recession, but it is 'certainly a possibility.': https://www.nytimes.com/2022/06/22/business/powell-fed-inflation-recession.html

Inflation-"Ride of the Volkyries" Thoughts: https://twitter.com/UrbanKaoboy/status/1528416947007680512 

Sohn 2022 | John Collison in conversation with Stanley Druckenmiller: https://www.youtube.com/watch?v=-7sWLIybWnQ&t=2852s

Inflation Is Popping The Biggest Asset Bubble Of All TIme | Michael Kao: https://open.spotify.com/episode/4a1Bqm4X5MeqXNAiLiirWn?si=27104db4abad40f3 

Commodity price inflation butterfly: https://twitter.com/UrbanKaoboy/status/1368978017033195528



(00:00) Introduction 

(00:49) "The Genie Is Out The Bottle" For The Fed

(05:51) Whats Going On In The Bond Market?

(15:44) Turmoil In The Housing Market

(28:10) Final Thoughts


Disclaimer: Nothing discussed on Boiler Room should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

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